Within a model where the parents make the decisions relating to their children’s education, we show that skill dynamics … normally results in a sub-optimal situation involving income per capita. This derives from an under-education trap that is … redistribution policy makes it possible to increase output per capita and to reduce inequality because both increase the educated …

This paper documents patterns and recent developments on income inequality in Latin America (LA). New comparative … international evidence confirms that LA is a region of high inequality, although maybe not the highest in the world. Income … inequality has fallen in the 2000s, suggesting a turning point from the substantial increases of the 1980s and 1990s. The fall in …

. Furthermore, the increase in education levels has an inequality-reducing impact on happiness. One clear cut policy implication of … our paper is that policies enhancing education and labour market performance are crucial to reduce happiness inequality …The paper focuses on happiness inequality, an issue rather neglected in the literature. We analyze the increase in …

economies, which has coincided with an increase in intra-country income inequality, both within and between skill groups. This … article surveys the key mechanisms of the globalization-inequality relationship. Four strands of literature are reviewed … generate most of the observed facts on trade and inter-skill group inequality, but also between unequally talented workers …

To analyse the globalization-inequality relationship, we extend the North-South HOS model by assuming (i) that the size … three phases of globalization, corresponding to different production patterns and to specific changes in inequality in the … North and in the South. In the North, inequality continuously increases and unskilled workers purchasing power continuously …

Inequality-Globalization nexus. It is shown that by modifying this model and relaxing some of its most restrictive assumptions … suitable modelling of the Inequality-Globalization nexus. …

Inequality in Mexico rose between 1989 and 1994 and declined between 1994 and 2010. We examine the role of market … (cash transfers) in explaining changes in inequality. We apply the ‘re-centered influence function’ method to decompose …-in demand; institutional factors were not relevant. Government transfers contributed to the decline in inequality, especially …

scenario in which offshoring explains the gains in competitiveness but increases unemployment and inequality, and the …, amplifying the rise in inequality. The model outcomes are consistent with all the developments of the German economy since 1995 … comes with both higher inequality and higher unemployment; 3) The setting of the labour market reform reduces unemployment …

The effects of technological change on wage inequality are usually studied under the assumption of exogenous supplies … model we are able to study the effects of technological change on wage and income inequality and to provide an explanation …